Tournigan

Und warum geht in FFM nichts vowärts?  

 

bleib mal schön cool und tollerant...
und wenn du mit dir unzufrieden sein soltest
dann lass es bitte nicht an andere aus....  

 

 

 

 

für die Folgen aufkommen können, das andere.

(Money, money, money)
 

Wed Aug 17, 2005
Update on Tournigan's Gold and Uranium Projects

Tournigan Gold Corporation is pleased to provide status reports on its extensive portfolio of gold, uranium and VMS projects. Most advanced are the Kremnica Gold Project, the Jahodna Uranium Project and the Curraghinalt Gold Project. Highlights from Tournigan's current work programs include:

• In-fill drilling completed on Sturec gold deposit at Kremnica - assays pending
• Confirmatory drilling at Jahodna uranium deposit to begin shortly
• Permitting continues at Curraghinalt gold deposit to extend underground adits

Sturec In-fill Drilling - Gold
Tournigan has completed 24 reverse circulation drill holes for 2,700 metres within the Sturec gold deposit in the Slovak Republic. This program is designed to upgrade the existing resources to the Measured and Indicated categories, a necessary step to complete Pre-Feasibility and Feasibility Studies. While assays are pending, Tournigan is prioritizing drill targets at two zones near Sturec which could enhance the current robust economics. The first zone is the Transition Zone, at the south end of Sturec, where historical results indicate above-average gold grades. This zone falls within the open-pit, as currently designed, potentially reducing the estimated 1.89:1 stripping ratio at Sturec. The second zone targeted is Vratislav, a satellite deposit 500 metres north of Sturec, hosting a historical resource* of 595,000 tonnes grading 3.33 grams gold and 24.6 grams silver per tonne, totaling 63,700 ounces gold and 470,500 ounces silver. Previous Tournigan drilling returned an intercept of 22 metres grading 7.8 grams of gold per tonne approximately 50 metres below this resource.

A program of trenching and channel sampling within the boundaries of the proposed pit is to begin shortly, intended to provide increased sample density within the high-grade core of the deposit and assist in upgrading the Sturec resource into the Measured and Indicated category. The updated NI 43-101 resource estimate for Sturec is underway under the direction of Beacon Hill Consultants, the lead consultants for the Kremnica Pre-Feasibility Study. Beacon Hill will utilize the new RC drilling data, future trench data and the pre-existing drill and underground sampling data, with the resource estimate targeted for completion in November.

Jahodna confirmatory drilling - Uranium
Tournigan has begun permitting and drill mobilization at the Jahodna uranium deposit, also in the Slovak Republic. Jahodna hosts a historical resource* of 2.23 million tonnes at an average grade of 0.39% U3O8 and 0.38% molybdenum, totaling 19 million lbs U3O8 and 19 million lbs moly. Tournigan plans to "twin" select historical holes as part of the NI 43-101 resource re-estimate at Jahodna and expects to commence this data-verification drilling in the first week of September.

Curraghinalt underground permitting - Gold
Tournigan is continuing the permitting process necessary to expand the pre-existing underground adit at the Curraghinalt gold deposit in Northern Ireland. The formal permit application for this test-mining is expected to be lodged within 8 weeks. The underground expansion will allow for sampling that is designed to upgrade the resource category at Curraghinalt to Measured and Indicated, as required to complete Pre-Feasibility and Feasibility Studies. Please refer to Tournigan's June 29, 2005 press release our visit www.tournigan.com for more information.

* Note that both the Vratislav historical gold resource and the Jahodna historical uranium resource are not NI 43-101 compliant estimates and should not be relied on by investors.

Tournigan Gold is focused on developing advanced projects in Europe - Curraghinalt (gold) in Northern Ireland, Kremnica (gold) in Slovakia and Jahodna (uranium/moly) in Slovakia. Tournigan's asset mix also includes a portfolio of uranium properties in Wyoming, as well as VMS projects in Slovakia and Northern Ireland.


TOURNIGAN GOLD CORPORATION  

Aug 23, 2005
Tournigan Undertakes $2.0 Million Interim Placement

Tournigan is pleased to announce a non-brokered private placement with Sprott Asset Management Inc. of 5.0 million Units at $0.40 per Unit to raise gross proceeds of $2.0 million. Each Unit consists of one common share and one-half of a share purchase warrant, with each whole warrant entitling the holder to purchase an additional common share at an exercise price of $0.55 per share for two years from closing. Tournigan may require the warrants to be exercised any time after the trading price of Tournigan's shares exceeds $1.00 per share for 30 consecutive trading days. Sprott Asset Management Inc. currently owns 5.0 million shares of Tournigan. Upon the close of the private placement, Sprott will become an insider of the Company. No finder's fee or commission is payable for this financing.

This financing is subject to the normal regulatory approval of the TSX Venture Exchange and the successful completion of due diligence by Sprott Asset Management Inc.

This interim placement will allow Tournigan to fully capitalize on its newly-acquired uranium assets, including the development of new resource estimates for the Jahodna and Spissky Teplice deposits in Slovakia. Confirmatory drilling on the Jahodna uranium project is expected to begin shortly, while data compilation continues at the Spissky Teplice and Novoveska Huta deposits. Tournigan will embark on a targeted acquisition program in Wyoming, USA following final regulatory approval of the Sweetwater uranium joint venture.

Tournigan's existing treasury of $1.8 million will continue to be applied towards the development of the Kremnica and Curraghinalt gold deposits. An updated resource estimate for Kremnica in Slovakia is targeted for completion in November, followed by the Pre-Feasibility Study due in March 2006. Tender proposals are being reviewed for the underground development planned for Curraghinalt gold deposit in Northern Ireland.

Tournigan Gold is focused on developing advanced projects in Europe - Curraghinalt (gold) in Northern Ireland, Kremnica (gold) in Slovakia and Jahodna (uranium/moly) in Slovakia. Tournigan's asset mix also includes a portfolio of uranium properties in Wyoming, as well as VMS projects in Slovakia and Northern Ireland.

TOURNIGAN GOLD CORPORATION

"Damien Reynolds"
Damien Reynolds, CEO

"James Walchuck"
James Walchuck, President and COO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

For further information please contact Damien Reynolds, CEO or Garry Stock, Executive VP at (604) 683-8320, or visit www.tournigan.com  

 

dem Wert, aktuell bei 0,28 Euro, ein Aufschlag von 12 %.  

Thu Sep 1, 2005
Tournigan announces a further $2.0 million private placement

Also Welcomes New Institutional Shareholder

Tournigan is pleased to announce a second non-brokered private placement of 5.0 million Units at $0.40 per Unit to raise gross proceeds of $2.0 million. Each Unit consists of one common share and one-half of a warrant, with each whole warrant entitling the holder to purchase an additional common share at an exercise price of $0.55 per share for two years. Tournigan may require the warrants to be exercised any time after the trading price of Tournigan's shares exceeds $1.00 per share for 30 consecutive trading days. This placement is additional to the non-brokered private placement of $2.0 million announced on August 23, with gross proceeds from these two placements totalling $4.0 million. A finder's fee equal to 7% of the gross proceeds will be paid on the second placement of $2.0 million only.

This private placement is subject to required regulatory and TSX Venture Exchange approvals.

This second placement allows Tournigan to fully fund its work programs on all three of its most advanced projects, including more rapid development of the Jahodna uranium project in Slovakia. Drilling at Jahodna is to start next week. Proceeds from these placements will also be used to upgrade historical resource estimates for the Spissky Teplice and the Novoveska Huta uranium deposits to National Instrument 43-101-compliant status. Work will also be continued on the Pre-Feasibility Study for the Kremnica gold project in Slovakia.

Tournigan's assets include the following deposits:

Sturec Gold Deposit, Slovakia - Smith and Kirkham, 2004


--------------------------------------------------
Category   Gold  Silver  Gold    Tonnes    Gold     Silver      Gold
         (g/t)  (g/t)   Eq.*                Oz         Oz      Eq.*
                        (g/t)                                    Oz
--------------------------------------------------
Indicated  2.11  15.43   2.31  5,663,941 384,231 2,809,802   421,540
Inferred   2.01  16.06   2.22  8,367,508 540,733 4,320,487   596,968
--------------------------------------------------

Calculated using a 1 gram/tonne cutoff - see Feb 11, 2004 Tournigan Press Release
* Gold equivalent calculations are based on a price ratio of $385 to $5.50 (gold to silver).

Curraghinalt Gold Deposit, Northern Ireland - Tully, 2005


---------------------------------------
Category    Gold g/t   Tonnes   Gold Oz
---------------------------------------
Inferred       15.45  527,700   262,018
---------------------------------------

Calculated using a 6 gram/tonne cutoff - see Jan 27, 2005 Tournigan Press Release

Jahodna Historical Uranium Deposit - Uranovy prieksum, 1996


--------------------------------------------------
 Uranium*  Molybdenum  Tonnes      Uranium  Molybdenum
   U3O8 %      %                  lbs U3O8   lbs Metal
--------------------------------------------------
    0.541    0.38     1,150,000 13,720,000   9,630,000
    0.221    0.38     1,080,000  5,250,000   9,050,000
--------------------------------------------------

Not National Instrument 43-101 compliant resources - investors are cautioned not to rely upon this estimate
*Uranium metal grades converted to uranium oxide grades (U3O8) using a factor of 1.17

Spissky Teplice Historical Uranium Deposits - Uranovy prieksum, 1968-70


--------------------------------------------------
           Uranium*  Molybdenum    Tonnes    Uranium
             U3O8 %      %                  lbs U3O8
--------------------------------------------------
Svabovce       0.224      -      1,489,000  7,350,000  
Spissky
Stiavnik       0.200      -        294,000  1,300,000  
--------------------------------------------------

Not National Instrument 43-101 compliant resources - investors are cautioned not to rely upon this estimate
*Uranium metal grades converted to uranium oxide grades (U3O8) using a factor of 1.17

Novoveska Huta Historical Uranium Deposit - Uranovy prieksum, 1985


--------------------------------------------------
Uranium*   Molybdenum    Tonnes   Uranium    Molybdenum
 U3O8 %       %                  lbs U3O8    lbs Metal
--------------------------------------------------
  0.075       *      12,000,000  19,970,000     *
--------------------------------------------------

Not National Instrument 43-101 compliant resources - investors are cautioned not to rely upon this estimate
*Uranium metal grades converted to uranium oxide grades (U3O8) using a factor of 1.17

Tournigan has reviewed the historical estimates for the Jahodna, Svabovce, Spissky Stiavnik, and Novoveska Huta uranium deposits and views them as relevant. The historic exploitation of Slovak uranium deposits in general and metallurgical test records acquired with Tournigan's deposits in particular suggests the reliability of the historical resource estimates. However, the Company has not done the work necessary to verify the classification of the resources and the resources are not categorized by the Canadian Institute of Mining, Metallurgical and Petroleum in their Standards on Mineral Resources and Reserves Definitions. The Slovak categories of Z-2 and Z-3 are roughly analogous to the CIM definitions Indicated and Inferred Resources, respectively.

New Institutional Shareholder
Tournigan is also pleased to announce that as part of a corporate transaction, Longview Strategies Inc. now owns 2.04 million Tournigan shares and has agreed to acquire a further 2.0 million Tournigan shares from RAB Capital, as announced by Longview on August 25, 2005. Longview Strategies is a new publicly-traded resource investment bank controlled by Damien Reynolds, CEO of Tournigan and Hein Poulus, Tournigan's Chairman, both of whom were responsible for restructuring Tournigan between 2001 and 2003. RAB Capital will continue to be a significant direct shareholder of Tournigan.

Damien Reynolds, President of Longview Strategies was quoted as saying "My belief in the value of Tournigan is well-known and it is fitting that Longview's first transaction involved the purchase of additional Tournigan shares. Tournigan's gold and uranium assets are worth considerably more than the current market price and I intend to work intensively with Jim Walchuck, Tournigan's President and Chief Operating Officer, to develop these assets and communicate their value to the market."

Corporate Matters
Tournigan is also pleased to announce that the non-brokered private placement with Sprott Asset Management Inc., announced August 23, has closed to raise net proceeds of $2.0 million. Terms are the same as discussed above, except no finder's fee or commission was payable. Any shares issued pursuant to this placement are subject to a four-month hold period expiry on December 31, 2005.

In other matters, the Company reports that, subject to approval of the TSX Venture Exchange and directors, it has granted 500,000 incentive stock options to certain directors and employees of the Company. The options have an exercise price of $0.40 per share and expire on August 31, 2010.


Tournigan Gold is focused on developing advanced projects in Europe - Curraghinalt (gold) in Northern Ireland, Kremnica (gold) in Slovakia and Jahodna (uranium/moly) in Slovakia. Tournigan's asset mix also includes a portfolio of uranium properties in Wyoming, as well as VMS projects in Slovakia and Northern Ireland.

TOURNIGAN GOLD CORPORATION

"Damien Reynolds"
Damien Reynolds, CEO

"James Walchuck"
James Walchuck, President and COO


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

For further information please contact Damien Reynolds, CEO or Garry Stock, Executive VP at (604) 683-8320, or visit www.tournigan.com  

habe ;- )  

0,395 $ = 0,294 Euro. da ist noch bei uns Luft nach oben.
 

 

auf  8,00 cad....   das wären momentan ca. 5,40€  

http://www.johnwhisper.com/NL/indexTVC.htm

 

Sep 02/05  Aug 26/05  Reynolds, Damien Edward  10 - Acquisition in the public market  Common Shares  50,000  $0.380  
Sep 02/05  Aug 25/05  Reynolds, Damien Edward  10 - Acquisition in the public market  Common Shares  32,000  $0.395  
Sep 02/05  Aug 24/05  Reynolds, Damien Edward  10 - Acquisition in the public market  Common Shares  12,500  $0.380  
Aug 29/05  Aug 18/05  Poulus, Hein  54 - Exercise of warrants  Common Shares  12,500  $0.270  
Aug 29/05  Aug 18/05  Poulus, Hein  54 - Exercise of warrants  Warrants  -12,500 $0.270  
Aug 29/05  Aug 18/05  Shorr, Ronald  11 - Disposition carried out privately  Common Shares  -170,000  $0.400  
 

von von wcj 05.09.05 22:01:28

Hallo alle zusammen

hab mir mal die Werte der Resourcen angeschaut

komm zusammengefasst auf folgendes Ergebnis:

Gold
Curraghinalt: $25 Mio (262000uz a 100$)
Kremnica: $45 Mio (900000uz a 50$)
Resourcenwert 70Mio
Abschlag: 50% bis zum Nachweis 35 Mio

yellow cake
Novoveska Huta: 90Mio (17 Mio lb a $5)
Jahodna: 160Mio (16 Mio a 10)
Kozie Chrbty 70Mio (7Mio lb a 10)
Resourcenwert: 320 Mio
Abschlag: 80% bis Nachweis: 64 Mio

derzeitiger fairer Wert nach meiner Ansicht: 99 Mio
derzeit sind 74 Mio Aktien in Umlauf: $1,33/Aktie oder 1,07 Eur

Also ist noch Spielraum nach oben offen, und dass nun 5 Mio Aktien platziert wurden und der Käufer sich Optionen weit über dem derzeitigen Aktienkurs 0,26 einräumen lies spricht für die erwartete Wertentwicklung...

Freue mich über Feedback

wcj  

erst die käufe im august von reynolds zu 0,38/39 cad

und gestern gute umsätze mit sk 0,41 cad

entspricht 28 eurocent (in ffm zzt. noch für 27 zu haben)

http://tsx.com/...;Language=en&QuoteSymbol_1=TVC&x=32&y=0

 

 

aber wenn ihr zeit und geld habt, vielleicht tut sich 06/2006 was  

9 monate bei 28 bleiben  

und in deutschland wurde noch mit 0,26€ gehandelt, unglaublich!

waren heute hohe umsätze in canada, sehr bemerkenswert

da ist bestimmt was im kommen!  

in ffm gibs noch welche zu 28 ? unglaublich  

Uhrzeit nicht aussagekräftig.

Erst ein paar Minuten vor Börsenbeginn fällt der Vorhang zur Show,vorher ist alles nur pillepalle.

greetz joker;-))